Important Updates on Federal Reserve Testimony, TSMC Revenue, and Apple PC Growth

Wednesday, 10 July 2024, 13:15

In this post, we delve into Federal Reserve Chair Jerome Powell's ongoing testimonies, highlighting the need for 'good data' before an interest rate cut. Taiwan Semiconductor Manufacturing Company (TSMC) experiences a substantial 40% year-over-year revenue increase driven by AI chip demand. Apple's PC shipments show impressive growth of over 20% in the second quarter compared to last year. The post provides expert insights and market actions for a comprehensive overview of these key developments.

Key Updates:

Federal Reserve Chair Jerome Powell emphasizes the importance of 'good data' prior to considering an interest rate cut.

Taiwan Semiconductor Manufacturing Company (TSMC):

  • Revenue Boost: TSMC reports a remarkable 40% year-over-year revenue surge fueled by AI chip demand.

Apple PC Growth:

  1. Impressive Surge: Apple sees a significant increase of over 20% in PC shipments during the second quarter.

This post offers valuable insights into these updates, shedding light on the latest market trends and developments.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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